Rob managed two asset management firms before founding Research Affiliates. As chairman of First Quadrant, LP, he built up the former internal money manager for Crum & Forster into a highly regarded quantitative asset management firm. He also was global equity strategist at Salomon Brothers (now part of Citigroup), the founding president and CEO of TSA Capital Management (now part of Analytic Investors, LLC), and a vice president at The Boston Company.
In 2002, Rob established Research Affiliates as a research-intensive asset management firm that focuses on innovative products. The firm explores novel approaches to active asset allocation, optimal portfolio construction, efficient forms of indexation, and other quantitative strategies. Research Affiliates delivers investment solutions globally in partnership with leading financial institutions.
Rob has published more than 100 articles in such journals as the Journal of Portfolio Management, Harvard Business Review, and Financial Analysts Journal, where he also served as editor in chief from 2002 through 2006. In recognition of his achievements as a financial writer, Rob has received seven Graham and Dodd Scrolls, awarded annually by CFA Institute to the top Financial Analysts Journal articles of the year. He also has received four Bernstein Fabozzi/Jacobs Levy awards from the Journal of Portfolio Management. He is co-author of The Fundamental Index: A Better Way to Invest (Wiley 2008).
Rob Arnott received a BS summa cum laude in economics, applied mathematics, and computer science from the University of California, Santa Barbara.
Awards & Recognitions
CFA Institute Graham and Dodd Award or Scroll
2012 "Demographic Changes, Financial Markets, and the Economy" in the Financial Analysts Journal
2003 "Surprise! Higher Dividends = Higher Earnings Growth" in the Financial Analysts Journal
2002 “What Risk Premium Is ‘Normal’?” in the Financial Analysts Journal
1989 “A Disciplined Approach to Global Asset Allocation” in the Financial Analysts Journal
1989 “A Total Differential Approach to Equity Duration” in the Financial Analysts Journal
1985 “The Business Cycle and Security Selection” in the Financial Analysts Journal
1983 “Systematic Asset Allocation” in the Financial Analysts Journal
William F. Sharpe Indexing Achievement Award
2013 Lifetime Achievement Award
2012 Institutional Investor Journals Paper of the Year for "Rebalancing and the Value Effect"
2005 Best Index-Related Research Paper for "Fundamental Indexation"
Bernstein Fabozzi/Jacobs Levy Award
2013 Outstanding Article for "The Surprising Alpha from Malkiel's Monkey and Upside-Down Strategies" in the Journal of Portfolio Management
2001 “The Death of the Risk Premium” in the Journal of Portfolio Management
1997 “Bull Market, Bear Market: Should You Really Care?” in the Journal of Portfolio Management